NOTIFICATION NO 03/2019-Compensation Cess (Rate),dt. 30-09-2019 Seeks to disallow the refund of compensation cess in case of inverted duty structure for tobacco and manufactured tobacco substitutes

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No.3/2019-Compensation Cess (Rate)

\                                                                                              New Delhi, the 30th September, 2019

G.S.R. (E).- In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) ofsection 54 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-section(2) of Section 9 of the Goods and Services Tax (Compensation to States) Act, 2017, the CentralGovernment, on the recommendations of the Council, hereby notifies the goods, the descriptionof which is specified in column (3) of the Table below and falling under the tariff item, heading,sub-heading or Chapter, as the case may be, as specified in the corresponding entry in column (2)of the said Table, in respect of which no refund of unutilised input tax credit of compensationcess shall be allowed, where the credit has accumulated on account of rate of compensation cesson inputs being higher than the rate of compensation cess on the output supplies of such good

(other than nil rated or fully exempt supplies).

MORE…shttps://www.cbic.gov.in/resources//htdocs-cbec/gst/Compensation_Cess03_2019_rate_eng.pdf

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